A pair of Air Jordan 1s that were autographed by the basketball great himself once sold at auction for $60,000 - so Kanye West is a long way off entering the 'most expensive sneaker hall of fame'.

However, it took just 11 minutes for the hip hop mogul's special edition Nike sneakers to sell out on Sunday after a surprise release was announced by the shoe giant - and about the same time for them to start and be hawked on eBay.

The shoes, called the Air Yeezy II Red Octobers, retailed for $245.

They are now being offered online for as much as $7,500.

Sneaker fans had waited for the release of the Nike Air Yeezy 2 - designed by Kanye West - since they were seen on Instagram last May. On Sunday there surprisingly released online and sold out in 11 minutes flat

Nice kicks, Kanye: West consistently wore the high tops to most of his live performances for the latter half of 2013

Special edition sneakers created for Nike by Kanye West - the Nike Air Yeezy 2 - sold out in 11 minutes on Sunday and quickly started being hawked on ebay for thousands of dollars

West has discussed and worn the kicks for the past year but they were hit with heavy delays.

However at exactly 1pm ET on Sunday, Nike Tweeted they had been made available online in a shock announcement.